Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - 8.1 Percent, Sales Tax and Discounts - Concept and Vocabulary Check: 10

Answer

False.

Work Step by Step

If you spent 1% of your $50,000 salary, you would have spent 500, not 5,000. .01 x 50,000 = 500.
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